Recent Comments:
Stanford builds robotic Audi for racing, robotic Volkswagen for parking {Engadget}
Oct 26th 2009 6:53PM S4 pop
Smaller, more efficient engine, more power and speed to boot :)
Microsoft first-quarter income down 18 percent, still beats expectations {Engadget}
Oct 23rd 2009 1:26PM @ Jack
You not only don't understand the comment system enough to reply to where I posted, you also have a weak grasp of how earnings works, it seems.
The definition of a recession is what you have described. Not making as much profit as you did comapered to last year at this time. Still beating every market analysts expectations (proof in that the stock which has a 52 week low of 14.87 in March compared with the high today of 29.35 - an improvement of over 197% show me a stock which has had this comeback in 8 months time please), and still being extremely profitable - just not AS profitable compared to last year - you know before an economic meltdown.
Hi and welcome to how business and the market operate.
Microsoft first-quarter income down 18 percent, still beats expectations {Engadget}
Oct 23rd 2009 1:18PM @ jtsnyc47
Hhemorrhaging would sugged bleeding out, aka losing money. Microsoft didn't make as much profit as they did this quarter last year. They still were incredibly profitable. I'll draw you an analogy.
If you made $20 profit last week, and only $15 the next week, you had a profit loss. You still made money, not lost money, just not as much as you made LAST week. In fact this shows a -25% income loss. Microsoft had a *FOUR* percent decline in revenue compared to last year this quarter, and had an 8% INCREASE in earnings per share. Why an increase? They trimmed the fat, and are doing the same job with less money being paid in overhead.
They still had a phenominal quarter considering the market and recession. They beat every market expectation - by a LOT. They also deferred almost 1.5 BILLION in profit till Q4 calendar year (Microsoft's Q2 fiscal), which will be reflected come January's earnings report.
If earning $12.92 billion is bleeding out money, someone cut me please.
Microsoft first-quarter income down 18 percent, still beats expectations {Engadget}
Oct 23rd 2009 12:11PM Or the EU?
Microsoft first-quarter income down 18 percent, still beats expectations {Engadget}
Oct 23rd 2009 12:09PM Hilarious, Engadget says the results aren't cheery, though they beat the hell out of market expectations.
The stock was up over 10% increase at the height of morning trading, and is still up over 7% as of this post. They still made BOATLOADS of profit, just a decrease in the *amount* of proft made when compared to this quarter last year.
I'd expect this stock to trade well over $30 a share come Q2 fiscal earnings report arouns mid Jan with the holiday and Win 7 sales to boost things. Engadget, please stick to stories about the tech itself unless you want to hire someone who understands numbers better.
Phil Schiller on Windows 7: 'No matter how you look at it, it's still Windows' {Engadget}
Oct 15th 2009 1:35PM Haha, they are still trying to sue anyone over anything.
Now they are targetting Woolworth's over logo abuse - http://www.msnbc.msn.com/id/33280940/ns/technology_and_science-tech_and_gadgets/
New Adamo XPS image takes a stand {Engadget}
Oct 12th 2009 7:16PM Actually this was shown at the MS Company Meeting, it came out on stage inside the shell of a Macbook Air. Seriously. Sinofsky had a Macbook Air in his hands and when he held it up, he opened the case and this was inside the Air, (obvioulsy minus the Air's innards) with the shell totally closed around this Dell.
Windows 7 technologies headed to embedded devices {Engadget}
Sep 23rd 2009 8:53AM Zune HD is built on top of WindowsCE 6.0 if that helps.
Microsoft says OEMs pay about $50 for Windows on a $1,000 PC {Engadget}
Sep 16th 2009 8:00PM Sure, just not on Engadget is all.
Microsoft releases XNA update for Zune HD developers, multitouch drawing app created {Engadget}
Sep 16th 2009 9:04AM It's Project Gotham Racing
http://seattletimes.nwsource.com/html/brierdudley/2009866507_zune15.html
